Filing Details
- Accession Number:
- 0001011438-22-000177
- Form Type:
- 13G Filing
- Publication Date:
- 2022-03-02 19:00:00
- Filed By:
- Antara Capital
- Company:
- Revelstone Capital Acquisition Corp.
- Filing Date:
- 2022-03-03
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Antara Capital | 6 | 1,125,000 | 0 | 1,125,000 | 1,125,000 | 7.5% |
Antara Capital GP | 6 | 1,125,000 | 0 | 1,125,000 | 1,125,000 | 7.5% |
Himanshu Gulati | 6 | 1,125,000 | 0 | 1,125,000 | 1,125,000 | 7.5% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
___________________________________
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
___________________________________
Revelstone Capital Acquisition Corp.
(Name of Issuer)
Class A Common Stock, par value $0.0001 per share
(Title of Class of Securities)
76137R205
(CUSIP Number)
December 31, 2021
(Date of Event which Requires Filing of this Statement)
___________________________________
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☒ Rule 13d-1(b)
☐ Rule 13d-1(c)
☐ Rule 13d-1(d)
* | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 76137R205
| | | | | | | ||||||
1 | | NAMES OF REPORTING PERSONS Antara Capital LP | ||||||||||
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☐ (b) ☒ | ||||||||||
3 | | SEC USE ONLY | ||||||||||
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | ||||||||||
| | | | | | | ||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER | ||||||||
| 6 | | SHARED VOTING POWER 1,125,000 | |||||||||
| 7 | | SOLE DISPOSITIVE POWER 0 | |||||||||
| 8 | | SHARED DISPOSITIVE POWER 1,125,000 | |||||||||
| | | | | | | ||||||
9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,125,000 | ||||||||||
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐ | ||||||||||
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.5% (1) | ||||||||||
12 | | TYPE OF REPORTING PERSON (See Instructions) PN, IA |
(1) | Based on 15,000,000 shares of Class A Common Stock of the Issuer outstanding as of December 16, 2021, as reported in the Issuer’s Form 8-K filed with
the Securities and Exchange Commission on December 22, 2021. |
CUSIP No. 76137R205
| | | | | | | ||||||
1 | | NAMES OF REPORTING PERSONS Antara Capital GP LLC | ||||||||||
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☐ (b) ☒ | ||||||||||
3 | | SEC USE ONLY | ||||||||||
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | ||||||||||
| | | | | | | ||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER | ||||||||
| 6 | | SHARED VOTING POWER 1,125,000 | |||||||||
| 7 | | SOLE DISPOSITIVE POWER 0 | |||||||||
| 8 | | SHARED DISPOSITIVE POWER 1,125,000 | |||||||||
| | | | | | | ||||||
9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,125,000 | ||||||||||
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐ | ||||||||||
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.5% (1) | ||||||||||
12 | | TYPE OF REPORTING PERSON (See Instructions) OO |
(1) | Based on 15,000,000 shares of Class A Common Stock of the Issuer outstanding as of December 16, 2021, as reported in the Issuer’s Form 8-K filed with
the Securities and Exchange Commission on December 22, 2021. |
CUSIP No. 76137R205
| | | | | | | ||||||
1 | | NAMES OF REPORTING PERSONS Himanshu Gulati | ||||||||||
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☐ (b) ☒ | ||||||||||
3 | | SEC USE ONLY | ||||||||||
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION USA | ||||||||||
| | | | | | | ||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER | ||||||||
| 6 | | SHARED VOTING POWER 1,125,000 | |||||||||
| 7 | | SOLE DISPOSITIVE POWER 0 | |||||||||
| 8 | | SHARED DISPOSITIVE POWER 1,125,000 | |||||||||
| | | | | | | ||||||
9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,125,000 | ||||||||||
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐ | ||||||||||
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.5% (1) | ||||||||||
12 | | TYPE OF REPORTING PERSON (See Instructions) IN |
(1) | Based on 15,000,000 shares of Class A Common Stock of the Issuer outstanding as of December 16, 2021, as reported in the Issuer’s Form 8-K filed with
the Securities and Exchange Commission on December 22, 2021. |
Item 1(a) | Name of Issuer: |
Revelstone Capital Acquisition Corp. (the “Issuer”)
Item 1(b) | Address of Issuer’s Principal Executive Offices: |
14350 Myford Road
Irvine, CA 92606
Item 2(a) | Name of Person Filing: |
This Schedule 13G is being filed by
(i) | Antara Capital LP (“Antara Capital”) |
(ii) | Antara Capital GP LLC (“Antara GP”) |
(iii) | Himanshu Gulati (“Mr. Gulati”) |
Item 2(b) | Address of Principal Business Office or, if None, Residence: |
The principal business address of each of the Reporting Persons is:
55 Hudson Yards, 47th Floor, Suite C
New York, NY 10001
Item 2(c) | Citizenship: | |
(i) | Antara Capital is a Delaware limited partnership | |
(ii) | Antara GP is a Delaware limited liability company | |
(iii) | Mr. Gulati is an individual and is a citizen of the United States. |
Item 2(d) | Title of Class of Securities: |
Class A Common Stock, par value $0.0001 per share (“Class A Common Stock”)
Item 2(e) | CUSIP Number: |
76137R205
Item 3. | If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: |
(a) [ ] Broker or dealer registered under Section 15 of the Exchange Act.
(b) [ ] Bank as defined in section 3(a)(6) of the Exchange Act.
(c) [ ] Insurance company as defined in section 3(a)(19) of the Exchange Act.
(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940.
(e) [X] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).
(f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F).
(g) [X] A parent holding company or control person in accordance with Rule 13d 1(b)(1)(ii)(G).
(h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of
1940.
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. | | Ownership. |
Items 5 through 9 and 11 of each of the cover pages to this Schedule 13G are incorporated herein by reference.
Antara Capital Total Return SPAC Master Fund LP (“SPAC Master Fund”) directly holds 1,125,000 shares of Class A Common Stock underlying
Units.
The Reporting Persons in the aggregate beneficially own approximately 7.5% of the shares of Class A Common Stock outstanding, based on
15,000,000 shares of Class A Common Stock of the Issuer outstanding as of December 16, 2021, as reported in the Issuer’s Form 8-K filed with the Securities and Exchange Commission on December 22, 2021.
Antara GP is the general partner of Antara Capital. Antara Capital is the investment manager of the SPAC Master Fund. Mr. Gulati is the
sole member of Antara GP. Antara Capital, Antara GP and Mr. Gulati may be deemed to beneficially own the securities of the Issuer held directly by SPAC Master Fund.
Item 5. | Ownership of Five Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following: ☐
Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
The shares of Class A Common Stock underlying Units beneficially owned by the Reporting Persons are directly held by SPAC Master Fund, for
which Antara Capital LP serves as investment manager.
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or
Control Person. |
Not applicable.
Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
Item 9. | Notice of Dissolution of Group. |
Not applicable.
Item 10. | Certification. |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the
ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true,
complete and correct.
March 3, 2022
| ANTARA CAPITAL LP | |
| | |
| By: | Antara Capital GP LLC, |
| | its general partner |
| | |
| By: | /s/ Himanshu Gulati |
| | Name: Himanshu Gulati |
| | Title: Managing Member |
| | |
| ANTARA CAPITAL GP LLC | |
| | |
| By: | /s/ Himanshu Gulati |
| | Name: Himanshu Gulati |
| | Title: Managing Member |
| By: | /s/ Himanshu Gulati |
| | Name: Himanshu Gulati, an individual |
|
EXHIBIT LIST
| | |
| | |
Exhibit 99.1 | | Joint Filing Agreement, dated as of March 3, 2022, by and among Antara Capital LP, Antara Capital GP LLC and Himanshu Gulati. |
Exhibit 99.1
JOINT FILING AGREEMENT
Pursuant to and in accordance with the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder (the “Exchange
Act”) the undersigned hereby agree to the joint filing of Antara Capital LP, Antara Capital GP LLC and Himanshu Gulati, on behalf of each of them of any filing required by such party under Section 13 or Section 16 of the Exchange Act or any rule or
regulation thereunder (including any amendment, restatement, supplement, and/or exhibit thereto) with respect to securities of Revelstone Capital Acquisition Corp., and further agree to the filing, furnishing, and/or incorporation by reference of
this Agreement as an exhibit thereto. This Agreement shall remain in full force and effect until revoked by any party hereto in a signed writing provided to each other party hereto, and then only with respect to such revoking party. This Agreement
may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this 3rd day of March 2022.
| ANTARA CAPITAL LP | |
| | |
| By: | Antara Capital GP LLC, |
| | its general partner |
| | |
| By: | /s/ Himanshu Gulati |
| | Name: Himanshu Gulati |
| | Title: Managing Member |
| | |
| ANTARA CAPITAL GP LLC | |
| | |
| By: | /s/ Himanshu Gulati |
| | Name: Himanshu Gulati |
| | Title: Managing Member |
| By: | /s/ Himanshu Gulati |
| | Name: Himanshu Gulati, an individual |
|